Dynamic Inefficiency in an Overlapping Generation Economy with Pollution and Health Costs

Revised 2008-08.-- Published as an article in: Journal of Public Economic Theory (2008), 10(4), 563-594.

Foreign Aid Linked to Infrastructure and/or Pollution Abatement

This paper studies the macroeconomic effects of a permanent increase in foreign aid in a model that takes into account environmental quality. We develop a dynamic equilibrium model in which both public investment in infrastructure and environmental protection can be financed using domestic resources and international aid programs. The framework considers four scenarios for international aid: untied aid,aid fully tied to infrastructure, aid fully tied to abatement, and aid equally tied to both types of expenditures. We find that the effects of the transfers may depend on (i) the structural characteristics of the recipient country (the elasticity of substitution in production and its dependence on environment and natural resources) and on (ii) how recipient countries distribute their public expenditure. These results underscore the importance of these factors when deciding how and to what extent to tie aid to infrastructure and/or pollution abatement.

Endogenous Timing in Pollution Control: Stackelberg versus Cournot-Nash Equilibria

27 p.

The Uniform World Model: A Methodology for Predicting the Health Impacts of Air Pollution

47 p.

Modelling the Effect of Climate Change on Environmental Pollution Losses from Dairy Systems in the UK

21 p.

Local air pollution and global climate change taxes: a distributional analysis

25 p.

Integrated assessment of environmental pollution using diverse sentinel organisms within Basque marine environments

294 p.